Economics

Sri Lanka’s July 2024 Remittances Increase by 10.3% to $566.8 Million

  • August 12, 2024

Sri Lanka’s remittances surged by 10.3% to $566.8 million in July 2024, marking a significant rise from the previous year, thanks to increased use of official banking channels by expatriates. State Minister of Finance Shehan Semasinghe announced on X (Twitter) that the total remittances for the first seven months of the year have reached $3.71

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Economics

Sri Lanka’s Economic Revival:Ravi K Emphasizes Brain Gain and Policy Reforms

  • July 30, 2024

Former Finance Minister and Presidential National Organiser Ravi Karunanayake has underscored that Sri Lanka is on a path to economic recovery and transitioning from brain drain to brain gain. He emphasized the importance of leveraging the potential of the nearly 3 million Sri Lankans living abroad, many of whom are excelling in various fields. To

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